Nigeria, Feb. 26 -- I think it would be important to address the issue of growth from two perspectives. First is the immediate and pressing need to recover from the economic crisis caused by the COVID-19 pandemic. The other is to bring about increased and inclusive growth in the economy.

It is, of course, no longer news that the Nigerian economy has climbed out of its second recession in four years, with the economy growing by 0.11 per cent in the fourth quarter of 2020, after two successive quarters of negative growth. The growth rate of 0.11 per cent, though marginal, is encouraging because it is a V-shaped recovery with a growth of 3.74 percentage points from the previous quarter. Indeed, although growth for the full year 2020 was still...